Press releases for April 2024

01 May 2024

Black & White Bridging, which specialises in bridging finance, has committed to upskill its entire workforce over the next few months. The specialist lender will use the Certified Practitioner in Spec...

01 May 2024

New data reveals that intermediaries using LiveMore’s Matching Engine secure a 41 per cent uplift in the loan amounts they can offer their over-50s clients. The uplift relates to the amount a broker ...

01 May 2024

A FUNDRAISING 125-mile walk from the West Midlands to London led by three Mortgage Industry Mental Health Charter (MIMHC) founders is gearing up to raise as much money as possible for charity. The sp...

01 May 2024

‘Residential by Foundation’, the specialist residential mortgage brand of Foundation Home Loans, has today announced the appointment of a new Regional Account Manager. Ginny English starts in the rol...

30 April 2024

Here are some thoughts from Adam Oldfield, CRO at Phoebus Software, the mortgages and savings servicing company. Adam Oldfield, chief revenue officer at Phoebus said, “The general feeling that the mo...

30 April 2024

Here are some thoughts from Karl Wilkinson, founder and CEO of Access Financial Services, a brokerage of some 250/300 mortgage and protection advisers: Karl Wilkinson, CEO of Access Financial Service...

30 April 2024

Please see below a comment from Katie Pender on today’s UK Property Transactions figures. Katie Pender, managing director of Target, said: “Today’s non-seasonally adjusted figures are very encouragi...

30 April 2024

Please find below a comment from Mark Tosetti, Group Partnerships Director at Movera, a group of home moving businesses including ONP Solicitors, on today’s Money & Credit and UK Property Transactions...

30 April 2024

Please find below, comment from Simon Webb at LiveMore, the mortgage lender for the 50-90+ age group. Simon Webb, managing director of capital markets and LiveMore, commented: “The figures released ...

30 April 2024

Following the release of the latest Bank of England Money and Credit data and property transactions data, which showed a rise in both net mortgage approvals and monthly property transactions respectiv...

30 April 2024

The Association of Short Term Lenders (ASTL) has joined the growing wave of voices opposing proposals by the FCA that would enable the regulator to name firms it is investigating at the outset of the ...

30 April 2024

Greg Smith, senior trainer for the employed division at Just Mortgages, has written a follow-up children’s book to support the company’s Magic Moments children’s charity. The book is the next instalm...

30 April 2024

Sirius Finance has announced the return of one of its founding directors, Rob Collins, to the London-based specialist finance brokerage. Rob Collins has rejoined Sirius as a Senior Associate, followi...

30 April 2024

Bridging lender, London Credit, has today (30th April 2024) announced a substantial year-on-year improvement in its completion times. London Credit has revealed that in the first quarter of 2024 the...

30 April 2024

Pure Retirement has unveiled a major refresh of its Emerald range of lifetime mortgages, designed to offer consumers greater choice through new features, increased LTVs, and criteria improvements, in ...

29 April 2024

Mortimer Street Capital has arranged a £4.1m development exit bridging facility for a client who had recently built a 22 unit scheme in a gated development in Surrey. The client wished to refinance ...

29 April 2024

Time can be of the essence, even with complex cases. A recent bridging deal with InterBay through SPF Private Clients took only 3 weeks from enquiry to completion for a 12-month term bridge, although ...

29 April 2024

OMS has expanded its portfolio with the introduction of OMS Originations, a loan origination platform specifically aimed at banks, building societies & specialist lenders. OMS has previously worked ...

25 April 2024

Hanley Economic Building Society has introduced a fee-free two-year tracker and fee-free two-year fixed rate product to further enhance its residential offering. In addition, the Society has launched ...

24 April 2024

Speaking this morning on BBC Breakfast, MorganAsh chairman and former dementia adviser to the Prime Minister, Johnny Timpson OBE has called for greater scrutiny of the Department of Work and Pensions ...

24 April 2024

Paul Brett is working with the Brightstar Group to relaunch its Private Label lending proposition. Brett will work with brokers to identify opportunities to help clients whose needs are not met by ex...

24 April 2024

Countrywide Surveying Services (CSS), one of the leading suppliers of valuation panel management services, has released findings from its inaugural Home Survey Trends Index for Q1 2024 which found tha...

24 April 2024

MorganAsh, a specialist in vulnerable consumer management to the financial services and utilities sectors, has partnered with FWD Research to further assist firms in meeting the vulnerability requirem...

24 April 2024

The transaction, named after its postcode and head office location consists of a £260m portfolio of second charge mortgages. The offering was fully subscribed, launched and priced within two weeks and...

24 April 2024

Hampshire Trust Bank (HTB) has expanded its business development manager (BDM) team with the recruitment of Joseph Lethbridge. In his new role as BDM, Joseph will join Danny Kiely, BDM for the City ...

24 April 2024

Aspen Bridging has completed a £4,650,000 Residential purchase bridge for a foreign national on a super-prime property in Chelsea Harbour, further cementing their growing prominence in the high-end Lo...

23 April 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, is hosting its second broker academy of the year. The academy programme caters to applicants who have some knowledge of the mortgage indus...

23 April 2024

Katie Pender, managing director of Target, said : “The BSA’s report is a wake-up call to the industry and Government on the huge challenges facing first-time buyers and we very much endorse their reco...

23 April 2024

In light of the proposed merger between Coventry Building Society and the Co-operative Bank, please find below a comment from Paul Hunt, CEO at Phoebus Software, the mortgage and savings servicing pro...

23 April 2024

Analysis from lifetime mortgage lender Pure Retirement has highlighted the continued appeal of modern equity release products among owners of high value properties – who in turn are also using the rel...

23 April 2024

• CSF processed its largest volume of loans to date in first quarter (Q1) of 2024 • Finance distributor on course to surpass £1.2bn worth of loan applications this year • Average number of deals per b...

22 April 2024

Dudley Building Society has reduced rates on a selection of its fixed and discounted rate Expat and Self-Build mortgages. Two-year fixed expat residential mortgage rates now start at 6.45% for loans ...

22 April 2024

In light of the proposed merger between Coventry Building Society and the Co-operative Bank, please find below a comment from Paul Hunt, CEO at Phoebus Software, the mortgage and savings servicing pro...

22 April 2024

In light of the proposed merger between Coventry Building Society and the Co-operative Bank, please find below a comment from Paul Hunt, CEO at Phoebus Software, the mortgage and savings servicing pro...

22 April 2024

World Earth Day – Monday 22nd April 2024 Celebrating World Earth Day on 22nd April, the Brightstar Group has planned a day of education, action and fun; building on its certification as Carbon Neutr...

22 April 2024

Results Asset Management has become the latest organisation to join the Association of Short Term Lenders (ASTL) as an Associate Member. Results Asset Management has been involved in the short term ...

22 April 2024

London, 22 April 2024 Tuscan Capital, the short-term property finance specialist, has today (22nd April 2024) announced the appointment of a new Marketing Manager. Hannah Melhuish joins the lender w...

19 April 2024

HLPartnership has appointed Jason Whiteley as Regional Sales Manager reporting to Sales & Recruitment Director, Tom Barnett. Whiteley will focus on network growth through strategic recruitment and sa...

19 April 2024

Rosemount Financial Solutions (IFA) , the independent mortgage and protection network, has announced the appointment of Contractor Financial Limited as an Appointed Representative (AR). Contractor Fi...

19 April 2024

TAB, the real estate finance and investment house, is pleased to announce its partnership with Brilliant Solutions Mortgage Club, a prominent UK network for directly authorised (DA) brokers. This coll...

18 April 2024

• Near Prime rates reduced by up to 0.30 percentage points • New three-year fixed rate products introduced Atom bank, the UK’s first app-based bank, has announced it is reducing the interest rates on...

18 April 2024

‘Buy to Let by Foundation’, the buy-to-let brand of Foundation Home Loans, the intermediary-only specialist lender, has today introduced a new group of products, the buy-to-let ‘pound-for-pound’ (£4£)...

18 April 2024

The Mortgage Industry Mental Health Charter (MIMHC) is urging “even more” employees to complete its annual mental health survey before entries close on Friday, April 26, 2024. The Mortgage Industry M...

18 April 2024

Mortgage Business Expo, the mortgage industry’s premier event for intermediaries (MBE), has revealed that the keynote address at the MBE London event will be given by Rob Elder, the Bank of England’s ...

18 April 2024

Analysis of Q1 data from lifetime mortgage lender Pure Retirement points to 20% of new equity release customers listing either holidays (11%) or cars (9%) as the primary reason for borrowing, highligh...

18 April 2024

More than two thirds (68%) of brokers expect to arrange more bridging loans in 2024 than 2023, according to the latest Castle Trust Bank Pulse survey. The research found that a quarter (25%) of brok...

18 April 2024

Pepper Money has strengthened its Second Charge Sales team with the recruitment of Claire Blunt as an additional BDM for the North of England. With more than 21 years’ experience in banking and mort...

18 April 2024

LiveMore, the mortgage lender for people aged 50 to 90 plus, has promoted and appointed three new heads of department across Finance, Compliance and Marketing. Eduard Akopian has joined as head of fi...

17 April 2024

United Trust Bank (UTB) Mortgages for Intermediaries has announced that it has expanded its offering to include new build properties in its range of residential mortgage and BTL products. The move fo...

17 April 2024

Richard Harrison, Head of Mortgages, Atom bank comments: “The decrease in house prices reported today continues the trend of successive drops since the middle of last year, but despite this there are...

17 April 2024

Even in the specialist lending arena, some deals require extra specialism and experience to reach a solution. InterBay have recently completed on a case with Nick Sedgwick, Fortune Finance for a highe...

17 April 2024

Specialist buy-to-let lender CHL Mortgages have added to their existing product range, introducing a 3.5% product fee option across all LTV bands. Products are now available with 2%, 3.5%, 5% and 7% ...

17 April 2024

How to make the most out of Google’s pay-per-click advertising was a much-discussed topic on the cherryplc.co.uk industry forum last month, as was the subject of product transfers for relatively small...

17 April 2024

Simon Webb, managing director of capital markets and LiveMore, commented: “At 3.2%, we are continuing the mainly downward trajectory of inflation rates that we have witnessed since the peak in Octobe...

17 April 2024

The Office of National Statistics (ONS) this morning released their monthly inflation figures. Adam Oldfield, chief revenue officer at Phoebus Software, said: “At 3.4% February inflation was the lowe...

17 April 2024

Average tenancy length in England and Wales has increased by 218 days during last four years, says organisation Bristol, 17 April 2024 – Renters are typically staying in their properties for a third ...

17 April 2024

Just Mortgages, one of the UK’s largest mortgage brokers, has revealed robust results for 2023, with brokers across both its divisions outperforming the market. Against a backdrop of higher interest...

16 April 2024

Stonebridge, the national mortgage and protection network, has today (16th April 2024) announced the launch of a new Accident, Sickness, and Unemployment (ASU) partnership with independent insurance p...

16 April 2024

Suros Capital, the luxury asset backed short term lender, has revealed that between March 2022 and March 2024, the group’s loan book increased by 88%. In those two years, total annual group revenues i...

16 April 2024

Award-winning GI intermediary Source Insurance have joined the GI panel at the Appointed Representative network, TMG Mortgage Network. This strategic alliance is the latest partnership for Source as t...

16 April 2024

One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has been adopted by award-winning intermediary firm founded by Rachel Lummis, Xpress Mortgag...

16 April 2024

Mansfield Building Society has introduced proc fees for product transfers across the mutual’s entire product range, including Versatility, Versatility Plus, Credit Repair, Shared Ownership, Buy to Let...

16 April 2024

Mortgage and protection network Beneficial has added Reliance Bank to its mortgage panel. Members of Beneficial Network now have access to Reliance Bank’s range of First-Time-Buyer (FTB), Key Worker...

16 April 2024

Enrolments at Access Protection Academy, run by mortgage and protection firm Access Financial Services, have doubled since 2023. 14 months after the appointment of Peter Phillips as training manager ...

16 April 2024

360 Lifecycle (formerly known as 360 Dotnet) boldly continues our technological transformation by announcing a dynamic rebrand, including aligning the name of our product as our brand identity. This m...

15 April 2024

Foundation Home Loans, the intermediary-only specialist lender, has today (15th April 2024) announced it has secured a new £1.25 billion funding line to continuing offering its full core range of resi...

15 April 2024

Fast growing specialist lender, Hampshire Trust Bank (HTB), has today announced two senior appointments to underpin the bank's position as the go-to lender throughout the entire residential investment...

15 April 2024

London, 15 April 2024 Tuscan Capital, the short-term property finance specialist, has today (15th April 2024) announced the appointment of a new Regional Sales Director for the Midlands. Rebecca Sal...

15 April 2024

Lifetime mortgage lender Pure Retirement have continued to develop their Classic lifetime mortgages by increasing LTVs to 48% on the standard range, underlining the range’s flexibility and opening it ...

15 April 2024

‘Residential by Foundation’, the specialist residential mortgage brand of Foundation Home Loans, has announced new products and a range of rate cuts across its Limited Edition, Special and Core ranges...

15 April 2024

Specialist lender Spring Finance (Spring) has today announced they have extended their bridging products to include lending in Scotland. The launch includes their full suite of bridging products. Thi...

12 April 2024

Fraser Johns, finance director at Beard, said: “After January’s increase in construction output bucked the trend of the previous three consecutive monthly falls, it would be tempting to think that Feb...

11 April 2024

Atom bank, the UK’s first app-based bank, in partnership with the County Durham Community Foundation (the Foundation), has today launched the Atom Futures Fund. The Fund aims to encourage and support ...

11 April 2024

The ebbs and flows of the mortgage market has impacted customers significantly economically, emotionally, and mentally. Mortgage advisers make themselves vulnerable in helping their customers, which c...

11 April 2024

11th April 2024: General insurance provider Berkeley Alexander urges intermediaries to contact their customers who have maintained BT Redcare Alarm Signalling Systems, following the announcement that ...

11 April 2024

Aspen Bridging has appointed Stephen Hickman as Senior Risk Assessor and Kyle Taylor as Recoveries Manager, bringing in over two decades of specialist finance industry experience. Stephen will be re...

11 April 2024

Hampshire Trust Bank (HTB) has appointed Anthony Gorman as Bridging business development manager (BDM) for the North of England. Anthony’s appointment is a move which sees the bank grow its presenc...

11 April 2024

• MIMHC’s Walk and Talk 2024 initiative promotes sector-wide mental wellbeing • MIMHC co-founders walking 125 miles in five days to raise essential funds • Prize to be awarded for most steps undertak...

10 April 2024

London, 10 April 2024 Tuscan Capital, the short-term property finance specialist, has today (10th April 2024) announced the appointment of a new Regional Sales Director covering the Home Counties. K...

10 April 2024

HLPartnership has announced the appointment of Aneal Chohan as Regional Sales Manager. With a comprehensive background in the mortgage industry, Chohan will focus on network growth through recruitmen...

10 April 2024

Dudley Building Society has added specialist finance broker Aria Finance to its approved packager panel. Aria Finance is well-known for helping brokers with their specialist mortgage cases, making it...

10 April 2024

Fleet Mortgages, the buy-to-let specialist lender, has today (10th April 2024) released the latest iteration of its Buy-to-Let Rental Barometer covering Q1 2024 rental yields across England and Wales....

10 April 2024

Just Mortgages, one of the UK’s largest mortgage brokerages, is making a strategic shift to the Smartr365 platform for its CRM and back-office systems. Just Mortgages is moving to Smartr365 in order ...

09 April 2024

Leading lifetime mortgage lender Pure Retirement has enhanced its support to equity release advisers through the addition of new regional support to its Intermediary Sales team. The lender has added ...

09 April 2024

Hanley Economic Building Society has launched a suite of fixed rate and variable discount mortgages to further strengthen its residential product offering. The highlight of this residential product s...

09 April 2024

9 April 2024, London: Acre, the innovative intermediary platform, today announced a new partnership with one of the UK’s largest mortgage lenders, Nationwide, that will allow brokers to secure one-cli...

09 April 2024

Paradigm, the mortgage, protection and compliance services proposition, has today (9th April 2024) announced the addition of specialist lender, Market Financial Solutions (MFS) to its lender panel. F...

08 April 2024

Mortgage and protection network, Beneficial, has added digital lender Molo Finance to its lender panel. The move means Beneficial’s members can now take advantage of Molo Finance’s extensive range ...

08 April 2024

OMS, the CRM and origination platform that offers a seamless single-input enquiry to completion, proudly announces that it has been granted ISO 27001 certification that demonstrates its ongoing commit...

08 April 2024

Alternative Bridging Corporation has promoted Paul Gavin to Head of Sales, overseeing the BDM team at the specialist property lender. Paul Gavin joined Alternative Bridging as a BDM for the North in...

08 April 2024

United Trust Bank (UTB) has seen an uplift in new business enquiries since completing four Bridging Masterclasses for brokers across Great Britain. The aim of the sessions was to introduce brokers to...

05 April 2024

Following the release of the latest CIPS PMI construction data, which shows the construction sector return to growth with rise in output and new orders, we have a comment from Beard Construction. Fra...

05 April 2024

The commercial mortgage rates offered by Atom bank, the UK’s first app-based bank, have reduced. As a result, variable rates now start at 2.08% above base rate for loans at 45% loan to value. Highli...

04 April 2024

Paradigm Consulting, the providers of support services to advisory firms, has today (4th April 2024) announced a new partnership with directly authorised mortgage brokerage firm, Xpress Mortgages. Ba...

04 April 2024

e Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers, has announced a full application programming interface (API) integration with Source Insurance...

04 April 2024

Aspen Bridging has unveiled a new logo and a refreshed website as the company continues to lay the foundations for significant growth following a raft of key hires and promotions. The insignia featu...

03 April 2024

Bridging lender, KSEYE, has announced its expansion into the US market with the launch of KSEYE US. The property finance specialist, which was established in 2012, will enter the US commercial real e...

03 April 2024

London Credit has increased its maximum LTV to 75% The bridging lender has increased the maximum LTV on its residential loans from 70% to 75%. Loans up to 75% LTV are available up to a maximum lo...

02 April 2024

Commenting on the Bank of England’s latest money and credit report, Karl Wilkinson, CEO at Access FS said: “The continuing rise in net mortgage approvals alongside falling interest rates are encouragi...

02 April 2024

Here’s a comment from Adam Oldfield at Phoebus. He looks at December figures too. Adam Oldfield, chief revenue officer at Phoebus Software, said: “February mortgage debt increased significantly since...

02 April 2024

Following the release of the latest Bank of England Money and Credit statistics, we have a comment from national brokerage Just Mortgages. Just Mortgages is one of the largest mortgage brokers in the...

02 April 2024

2nd April 2024: Mortgage Brain, the leading provider of mortgage technology solutions, has partnered with revolutionary residential mortgage lender, Perenna, to host a free and exclusive Criteria Mast...

02 April 2024

The Right Mortgage & Protection has used its National Training Event for member firms to reveal business volume and adviser/firm membership figures for 2023. During 2023, the network completed £6 bil...

02 April 2024

Foundation Home Loans, the intermediary-only specialist lender, has today (2nd April 2024) added network, Fiducia Commercial Network, to its Key Partners distribution panel. As a result of this, Fidu...

02 April 2024

Specialist lender Spring Finance (Spring) has reduced rates across their bridging product range and enhanced criteria with 75% LTV now being available for residential property purchases. AVM loan size...